Credit Unions are member-owned and governed institutions that exist for the good of those using their services (WoCCU).They have the responsibility to their members to run daily operations with regards to credit proposals in a responsible and acceptable manner that protects member deposits and the integrity of the institutions. The main objective of this study was to assess the appropriateness of the credit appraisal processes used by Saint Peter‟s Co-operative Credit Union (SPeCCU). The survey approach, through the use of questionnaires was used to collect the primary data from the three main branches of SPeCCU sin the Ashanti Region. Descriptive analysis was done to help achieve the objective of the study. The study established that the loan facility mostly accessed by members was the normal loan and the credit appraisal system of SPeCCU follow acceptable best practices such as formalizing the loan contract processes and using the guarantor system and the demand for collateral. Also, high administrative charges, high interest on loans, and delays in loan processing procedures were some of the challenges facing members in accessing credit. The study concluded that, the loan policies and procedures of SPeCCU follow acceptable best practices in granting credit facilities for members by formalizing the loan application procedure for applicants, the demand for collateral and valid documents from applicants, meeting the loan committee members one-on-one, signing the guarantor forms and both pre-sanction and post-sanction activities of loan officers, as well as clearance and valuation reports have a positive influence on the credit appraisal system of co-operative credit banks in Ghana, given the outcome of the study on SPeCCU. And also High administrative charges, higher interest on loans, bureaucratic tendencies and delays in loan processing activities was identified as some challenges facing members in accessing credit from SPeCCU.

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A thesis submitted to the School of Business, Kwame Nkrumah University Of Science And Technology (Knust) in partial fulfilment of the requirement for the degree of Master Of (Business Administration-Finance), 2015